Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 30,698 people, 10,557 houses or apartments, and a median cost of homes of $452,136, Bixby real estate is some of the most expensive in Oklahoma, although Bixby home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Bixby, accounting for 83.31% of the city's housing units. Other types of housing that are prevalent in Bixby include large apartment complexes or high rise apartments ( 10.33%), mobile homes or trailers ( 3.08%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.33%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bixby. Owner-occupied housing accounts for 74.95% of Bixby's homes, and 71.85% have either three or four bedrooms, which is average sized relative to America.
Bixby homes and real estate are some of the newest in America. 53.04% of Bixby's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Bixby real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.70%), and between 1940-1969 ( 10.15%). There's also some housing in Bixby built before 1939 ( 1.11%).
Real estate appreciation rates in Bixby's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.37% during the period.
Appreciation rates are so strong in Bixby that despite a nationwide downturn in the housing market, Bixby real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bixby appreciation rates continue to be some of the highest in America, at 8.70%, which is higher than appreciation rates in 94.93% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bixby. Bixby appreciation rates in the latest quarter were at 2.65%, which equates to an annual appreciation rate of 11.04%.
Importantly, this makes Bixby one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Oklahoma, our data show that Bixby's latest annual appreciation rate is higher than 90% of the other cities and towns in Oklahoma.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Bixby differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bixby - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Bixby real estate investment or home purchase decisions.
$452,136
for Oklahoma
for nation
10,557
$2,062 / per month